Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 17, Problem 51CE
To determine

Find and interpret the special-purpose index for 2016 using 1996 as the base period.

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39. Construct the consumer price index number for 2017 on the basis of 2016 from the following data using family budget method : Items Weights Price in 2017 (Rs.) 280 Price in 2016 (Rs.) Food 200 30 Rent 100 200 20 150 120 20 Clothing Fuel and Lighting 50 100 10 Miscellaneous 100 200 20
1. Compare the results of the Paasche versus the Laspeyres Index for the year 1984?
Prepare a composite (weighted) index for housing construction costs in 2014, using the following data
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